| Description |
1 online resource (47 pages) : illustrations |
| Series |
IMF working paper ; WP/98/151 |
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IMF working paper ; WP/98/151.
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| Summary |
Annotation This paper reviews developments in pension systems in 11 transition economies during the 1990s, highlighting the forces behind their rapid weakening. It focuses on the challenges these systems faceincluding those arising from demographic factorsand discusses why most transition countries are considering shifting, or have already shifted, from traditional defined-benefit pay-as-you-go systems to defined-contribution fully funded systems. Finally, the paper looks at the main options that arise in introducing fully funded components, including the relative mix between funding and pay-as-you-go, and the speed of the transition toward the new system |
| Bibliography |
Includes bibliographical references (pages 45-47) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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Print version record |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
| Subject |
Pensions -- Europe, Eastern
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Pensions -- Europe, Central
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Social security -- Europe, Eastern
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Social security -- Europe, Central
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Pension trusts -- Europe, Eastern
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Pension trusts -- Europe, Central
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Old age pensions -- Europe, Eastern
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Old age pensions -- Europe, Central
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Old age pensions
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Pension trusts
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Pensions
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Social security
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Central Europe
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Eastern Europe
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| Form |
Electronic book
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| Author |
Cottarelli, Carlo
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Cubeddu, Luis M
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International Monetary Fund. European I Department.
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International Monetary Fund. Fiscal Affairs Department.
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| ISBN |
1283558726 |
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9781283558723 |
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